Thomas Health is filing for Chapter 11 bankruptcy, the Charleston-area hospital system announced late Friday afternoon. Its news release said it wishes to lessen its debt. “Thomas Health is not closing its doors and there are no planned changes to employment, services, or how we deliver care to our patients,” the release said. “The Chapter 11 process will not affect enrollment of patients or employers in healthcare plans in 2020. This strategic step allows Thomas Health to align its operations with the realities of the current healthcare industry and meet the ongoing health care needs of the communities it serves.” The nonprofit Thomas Health system includes Thomas Memorial Hospital, in South Charleston, Saint Francis Hospital, in Charleston, and THS Physician Partners Inc.
Read the full article: Thomas Health Files for Bankruptcy //
Source: https://www.wvgazettemail.com/news/health/thomas-health-files-for-bankruptcy-hospital-system-says-it-s/article_1ea6afc9-bf91-5afa-9981-48b95df61fe7.html